SunSirs: On July 11th, the BDO Market in East China Remained Weak and Stable

Market dynamics:

The BDO market in southern China was operating weakly and steadily. As of July 11th, the supply side support was still acceptable, but the demand performance was weak. Both the supply and demand sides were negotiating and playing games, with sporadic spot small order trading, and the market focus was weak and deadlocked. The BDO market in East China was running weakly. The downstream demand follow-up of the terminal was average, but there was some support from the supply side. The game between supply and demand continued, and the overall market was weak and stable.

Price dynamics:

The mainstream negotiated price for spot bulk BDO in East China was 9,000-9,100 RMB/ton, and the negotiated price for barrel BDO was 10,200-10,400 RMB/ton (delivered). The mainstream negotiated price for spot bulk BDO in South China was 9,000-9,200 RMB/ton, and the negotiated price for barrel BDO was 10,300-10,500 RMB/ton (delivered).

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